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CHEAT SHEET · SERIES 82

Series 82 Cheat Sheet.
The night-before summary, built like the exam.

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Weighted to the current exam outline·15-minute scanVerified against the official content outline
By Vincent Ruan, EA, CFP®Published August 9, 2026
Drill weak spots →

The numbers to remember

  • 50 scored questions on the Series 82 itself
  • 1 hour and 30 minutes total time allotted
  • 70% passing score — there is no partial credit and no separate cut score by domain
  • $100 exam fee, paid when your sponsoring firm schedules your appointment
  • SIE exam is a corequisite — you need both the SIE and the Series 82 to register, and the SIE alone does not qualify you for registration with a FINRA member firm
  • SIE itself: 75 questions in 1 hour and 45 minutes — treat it as a separate study block, not an afterthought
  • Series 82 has been effective since May 2001, so the exam's core structure has had decades to stabilize

Content domains and weights

  • Seeks business from customers/potential customers — 25 questions (exactly half the exam; prospecting, outreach, and communications-with-the-public rules for private placements)
  • Provides information, makes recommendations, transfers assets, and maintains records — 13 questions (disclosure documents, subscription agreements, recordkeeping)
  • Opens accounts after evaluating financial profile — 9 questions (suitability and accredited-investor eligibility)
  • Obtains/verifies purchase instructions, completes transactions — 3 questions (order handling and confirmations; small but full-value)

High-yield review areas

  • Rules around prospecting and communications with the public for private placements — the single biggest scoring domain, worth targeting first and reviewing last.
  • Suitability and accredited-investor matching during account opening — know what qualifies an investor before a placement is offered.
  • Which disclosure documents must be delivered, when, and what records must be retained afterward — sequencing questions are common here.
  • Confirming purchase instructions against the subscription agreement before a transaction is completed.

Top traps

  • Treating the SIE as a substitute for the Series 82, or vice versa — both are required, and the SIE alone does not register you.
  • Spending equal study time across all four domains instead of weighting toward the 25-question prospecting function.
  • Losing track of pace: at 50 questions in 90 minutes, dwelling too long on one scenario question eats time you need for the rest.
  • Assuming near-perfect accuracy is required — the passing bar is 70%, not 100%, so build in a margin rather than chasing every point.

Run one full timed practice test the night before mainly to check pacing, not to cram new material — content review should already be done by then.

Frequently asked questions

What should I review the night before the Series 82?

Focus on the four content-function weights, especially the 25-question prospecting domain, and run one timed practice test mainly to check your pacing rather than to learn new material.

How long is the real Series 82 exam?

The exam is 50 questions long with a total time limit of 1 hour and 30 minutes.

What score do I need to pass?

You need 70% correct on the 50 scored questions to pass the Series 82.

Do I also need to pass the SIE?

Yes. The SIE exam is a corequisite to the Series 82, and passing the SIE alone does not qualify you for registration with a FINRA member firm.

Is this cheat sheet free and printable?

Yes, the cheat sheet is free to use and formatted so you can print it or keep it open on a second screen while you study.

How much does the Series 82 exam cost?

The Series 82 exam fee is $100, paid when your sponsoring firm schedules your appointment.

Sources

  1. 1.Series 82 - Private Securities Offerings Representative Exam | FINRA.orgFINRA (accessed Aug 9, 2026)
  2. 2.Securities Industry Essentials (SIE) Exam | FINRA.orgFINRA (accessed Aug 9, 2026)
  3. 3.Qualification Exams | FINRA.orgFINRA (accessed Aug 9, 2026)
  4. 4.Enroll for a FINRA ExamFINRA
  5. 5.FINRA Exam Scheduling (Prometric)Prometric

Official sources

Every exam fact on this page traces to a primary document published by the body that administers the exam.

Last verified against the official exam content outline: